On January 1, 2021, the ledger of Blossom Company contains the following liability accounts. Accounts Payable $49.900 HST Payable 7,400 Unearned Revenue 15,400 During January, the following selected transactions occurred. Jan. 2 Borrowed $26,000 from Canada Bank on a three-month, 6%, $26,000 note. 5 Sold merchandise for cash totalling $19.700 plus 13% HST. Ignore any cost of goods sold entry. 12 14 20 20 25 Performed services for customers who had made advance payments of $9,600. The payment included HST of $1,105. (Credit Service Revenue.) Paid Receiver General for HST invoiced in December 2020 ($7.400). Sold 860 units of a new product on credit at $50 per unit, plus 13% HST. This new product is subject to a one-year warranty. Sold merchandise for cash totalling $12.000 plus 13% HST